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$OVX - Chart Link when looking through these indicators ran into this one I forgot about, it's the volatility of crude oil
I have it plotted as area over Bollinger Bands
buy signals occur when it closes back inside the upper bands
sell signals occur when it closes back inside the lower bands
while not perfect it's not bad either
Tnx! Would you use it on weekly very often? Looks like it generated pretty accurate buy signals since March 2020 meltdown, and not much noise as well.
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OVX crude volatility like the VIX but on Crude
Posted by matt on 17th of Feb 2023 at 03:01 pm
$OVX - Chart Link when looking through these indicators ran into this one I forgot about, it's the volatility of crude oil
I have it plotted as area over Bollinger Bands
buy signals occur when it closes back inside the upper bands
sell signals occur when it closes back inside the lower bands
while not perfect it's not bad either
Tnx! Would you use it
Posted by mschwand on 17th of Feb 2023 at 04:05 pm
Tnx! Would you use it on weekly very often? Looks like it generated pretty accurate buy signals since March 2020 meltdown, and not much noise as well.